The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report for March, released on Friday May 31, showed that rail and barge shipments of renewable diesel (RD) and biodiesel were up by 2% from February. There were 2.9 million barrels of RD and 250,000 barrels of biodiesel shipped to the West Coast in March. Biodiesel shipments were down 37% from February, while RD shipments climbed by 8%.
The advent of California’s Low Carbon Renewable Fuel Standard (LCFS) and the subsequent additional clean fuel standards enacted in Oregon and Washington have incentivized renewable fuel consumption on the West Coast. Due to these programs, RD is almost exclusively consumed within these three states.
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09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...